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Date: Sunday, December 21, 2008 2:34:22 AM
are you serious?
I had the chance to sell my position for a %100 profit early this year and I didn't take it, what do you want from me?
I didn't know it can work like that, I thought your always buying from or selling to a market maker?
I had a sell order open for 20 days no takers, I canceled it placed another one and it went through same day. I placed another order today and 4 million was just bought from me, so it seems mm's although not much ARE buying shares back from retail.
I got out today as well, I still like the stock though and I'm very interested to see what happens the next few days. I got in at .016 and out today at .035, but I was asleep when it hit .08 so I don't feel so bad :)
I think some mm's still want shares, I was just able to sell into the ask.
looks like they want to buy back those shares sold at .020+ this morning. Hopefully we have enough strong hands here to get the bid back up to .02 and higher.
Picked up a small position yesterday, and I'm sitting tight. A green close today would be great but it's looking like the mm's don't want that. We need more buying pressure, I would help but I have a lot of funds tied up in a pink with no bid, its quite frustrating.
I had an open sell order, mm's took 3 millon of it this morning. Holding the rest of my position until next week at least. I'm using etrade btw and after almost a full month they finally grabbed some.
yeah, some mm's on the bid would be nice too.
well I just put almost half my shares (15mill) for sale limit .ooo1 I'm expecting 5-10 trading days to sell it all. Still happy with my investment at .ooo1 Gene is starting to bore me though.
I know, it was only for 5k shares still odd though. Must have been a mistake.
I had a small sell order open for a while, limit .0002 and I just noticed it executed on Feb. 2nd when the bid was deff .0001, weird.
I don't know jim, I don't know. I've been spending my time trying to learn to make money on big boards not worrying about NSS. I just happen to like rcch, it's the only pink I hold a position in and I will hold until it's worth many time what it is now, or nothing. I just don't understand how you hold MM's to such a high standard like some have never had lawsuits brought against them or been accused of illegal activity.
Same here, still happy with my investment.
Thanks for posting that, one thing I'm wondering about is there doesn't seem to be a minimum share price but under (distribution, market capitilization and float) for tier 1 it says $1,000,000 held by public shareholders and for tier 2 it's $500,000. I could be not understanding this correctly but say we were going to tier 2, at .0001 we would (pubilc sharholders) have to own 5 billion shares correct?
He doesn't really think of it as a lotto play, sometimes it's just easier to say that than argue the same things over and over again.
Okay, I'm starting to understand. I still think we are undervalued right now, and will hold a position until something happens. I'm still confused on how you guys say you can't make money shorting, vw was shorted for profit right? I'm not comparing vw to rcch I just don't see why vw would have had liquidity issues which seems to be the only other reason to short. I am starting to get bored with rcch though, Gene needs to give us an update soon.
so your saying you can't make money shorting a stock at .0001? I mean of course it takes a lot of shares for it to add up to anything significant, but I don't understand how you wouldn't make profit selling shares for .ooo1 that you paid nothing for? Also what are you talking about (balance in your brokerage account) are you suggesting retail can short stocks? Or are you saying Market Makers have brokerage accounts?
umm yes they do, look at the first link IWS's system is the only one there..hence it's the only EPA approved Decentralized Wastewater Treatment Technologies
it's on the epa's website, links have been posted several tmes, I believe mm107 posted the links just yesterday.
After treatment through the IWS system the amount of the impurities they were looking for were for the most part less than half of what is acceptable. Meaning IWS's system rocks, hmmm makes you wonder why it's the only epa approved system...
ha, yeah and the former head of the TSX can't see that this is such an obvious scam, even now that he knows things we don't. Hmmm makes you think...
The ceo has said no need for an rs and that was after he said we will be uplisting. Considering we have not been lied to about anything else I don't see why Gene would lie about this. The company is not dumping shares so why would Gene trick investors into buying up shares from the mm's before an rs when it would not benifit the company and would have no affect on the uplist? Look at the board that has been put together, big things coming and shareholders being dropped off a cliff is not one of them.
Yeah I think it's been that way for a while, nothing new. It is interesting though, do you really think they're trying to protect you from losing your money... I'd say the mm(s) that broker uses told them that they have none to sell, and since the company IS NOT dumping shares that has not changed.
I'm sure they keep track of every single share they buy or sell, but the company is not dumping shares at .ooo1 Gene has put more of his personal money into rcc holding then they would have made by selling billions of shares. Prove they are dumping, please...
Thanks
Good morning board, ihub's L2 isn't working on my phone right now can anyone tell me if nite is the only one on the ask for .ooo1? TIA
The EPA approved system that rcc/iws has was also tested by a thrid party, is that company a scam too?
we're not keeping secrets from them, the company is.. How do you explain the way the L2 looked the other day when we hit .ooo3 It sure looks like they were ready to let it run to me. Do you believe rcch has the assets to get out of the triple zeros, or not?
I agree, almost into the second month of the "roll out" year. I'm patiently waiting to see what the next few months bring, and hoping we get out of the cellar box soon. I wonder if we get a pr this week?
minimum pps will be pennies in my opinion, and thats on assets alone. With the demand theres going to be from the shorts, we will fly.
ask gets slapped for a million and we uptick, thats interesting.
nice buy, I'm moving today so I couldn't get to the bank, did you place the order today? Momo are there going to be some more 1's tomorrow so I can make Gene's wallet a little heavier...? ; )
I agree, they don't want this thing getting any attention right now. The short mm's are probably just trying to quietly buy back more shares than they sell everyday for as long as they can.
I knew you would say that, so do you think it will be at .0000/.0001 tomorrow?
They've been around for over ten years huh, I like that.
Thats more than fine with me. I have never even emailed Gene but it seems that he has made his money and is now spending his time building up rcc holdings, maybe even for his son to take over one day. No dumping at .0001 here, I don't buy it!
I guess it would make sense that they approve each pr. I watched those two interviews with Gene and I have a feeling that if he was upset just about no online trading back when rcch was worth cents hes got to be completely fed up now that the games have continued and we are cellar boxed. I don't know how soon it's coming but I'm very confident that within a few months rcch will be out of the triple zeros forever.
I agree, if hes waiting for the lawyers to give the go ahead it could be something that he expects to get the pps to start moving and he wants to make sure the "timing is right" : )